Will an Unexpected $1,000 Repair Bill Make You Want to Sell Your Car?

A nasty surprise bill of £772 ($998) was the “breaking point” that made Brits want to scrap their old cars for something else, a new study has found

with Chris Chilton

4 hours ago

A UK study has found that an unexpected bill of £772 ($998) is big enough to make drivers want to swap their car for another, hopefully more reliable one.
CarGurus’ research also found that waiting 10 days for repairs and suffering three breakdowns a year is enough for drivers to devote time to their cars.
The research found that almost 75 percent of drivers are stressed by unexpected repairs.

Cars, like all machines, wear out and break. And when a hard-working owner buys his car serviced Even though regular maintenance is performed to increase reliability and minimize the chance of being hit with an unexpected repair bill, these nasty surprises can still occur. So how big does an unexpected repair bill need to be to make you consider replacing your car?

The tipping point for UK drivers is £772 in any 12-month period, which equates to $998 at current exchange rates. That’s according to a survey commissioned by CarGurus, which took the views of 1,000 British drivers without any licence. warranty coverage for their cars.

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You can see why someone who drives an old car and therefore probably isn’t very rich himself might be shocked by such a large bill. However, this can easily happen; For example, if you are unlucky England‘s annual MOT roadworthiness test or if you need a new clutch and associated dual-mass flywheel that modern cars require. And if a timing belt or chain breaks it won’t make much of an impact on the £772 bill.

But while the survey found owners would be stuck with a surprise bill of £772, the same owners later said they would be prepared to spend an average of £14,320 ($18,489) on a new bill. used car – and there’s no guarantee it will be more reliable or immune to unexpected repair bills.

Other factors that may cause vehicle owners to throw in the towel include waiting 10 days for repairs or experiencing three or more breakdowns per year. And 72 percent of survey respondents said they were stressed about the possibility of unexpected repair costs.

How much of a surprise financial hardship would make you consider replacing your current car with something different? Leave a comment below.